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Closed Accounts & Mortgage Application
Hi Guys My husband and I are looking to apply for a first time buyers mortgage. Both of our credit scores are excellent, we have no existing debt between us other than my PCP car payment which we’ve declared on our MIP and we have a deposit ready to go. We’re eligible for a mortgage up to £345k but to keep us in our…
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Virgin Money 5yr Fixed at 2.7% - surely too good to be true?
While looking at mortgage deals over on the London & County site, the below 2.7% 5 year fixed rate appears - surely in the current climate this is too good to be true and likely an error? Through Virgin Money site itself the rate is over 4%. I cannot find this anywhere else either. The issue is that I am currently stuck in…
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Ex Northern Rock mortgage prisoner advice
My in-laws are near the end of their ex Northern Rock interest only mortgage. To cut a very long story short, they cannot pay off the loan. But have never missed a payment as far as I know. I presume they are with Cerberus. They are nearly 90 years old. Does anyone know if Cerberus will consider converting the mortgage to…
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Gifted Deposit from partner
Hi all, Apols if this has been asked an answered before. I'm currently buying a house with a gifted deposit from my partner - which will be received upon the sale of their house. The house/mortgage will only be in my name and not theirs, and they will be living with me in the house. The mortgage provider requires a letter…
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Tracker Mortgage query
Hi all, So my existing fix is coming to a end later this year and provider has already messaged me saying I can choose a new deal. I've been on the app and it shows several deals and I'm considering the 2yr tracker deal they have at the moment. I've asked them some questions and 1 question they didn't actually answer but…
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Mortgage 7 years after DMP finished
We were experiencing financial difficulties and had a joint dmp in 2008, paid religiously until 2019 when we came off the dmp and paid only remaining enforceable debts/debtors - 3 of which we are still paying a small amount to each month. Our credit records are now excellent, we have no defaults. We are desperately trying…
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Finding A Reasonably Priced Adverse Credit Mortgage Broker
I'm happy to annouce come September 2025 I will be 2 years discharged from my settled IVA. I was fortunate enough to have my parents settle my IVA early. I think it will be around 2028 when it will leave my credit file. I currently own my home and looking to move after September, I am lucky enough that I have enough equity…
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Welcome Finance/Coast Finance solutions
Hi I am looking for some help. We took out a second charge on our property with Welcome finance, the debt was sold to Coast finance solutions. We repaid the loan in 2020 and assumed that was the end of it. Unfortunately we didn't get a letter stating the debt had been repaid. Recently we started to remortgage our property…
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Buy half an inherited house?
Hi there, I’m just wondering if it’s possible to buy half an inherited house. My grandparents passed away last year and the house has been left to my mum and uncle. My mum has said she’s not bothered about her share but we would have to buy my Uncle Share out would that be possible with a mortgage? Or is it possible to To…
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Buy-To-Let, Regular Mortgage or Bridging loan?
We have been looking for a 2nd property for a long time that we would like to use as a holiday home but possibly AirBnB when we are not using it. We found a property which needs some renovation to bring it up to a good standard and have had an offer accepted on it for £145k. We aim to renovate the property over 4-6 months…
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Tracking Halifax application
Hi - can anyone advise where I can track a Halifax application - applied through a broker and have the Halifax roll number but can't find the portal anywhere. Thank you
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Will 0% debt impact a mortgage application?
Hi, hopefully putting my house on the market in the next week or two. When applying for a mortgage would having £4k on a 0% credit card massively Impact an application? I bought an engagement ring and put it there whilst keeping the money in a 5% account. I could obviously pay it off if needed. For information House value…
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Remortgaging to repay HTB, consolidate debts and borrow for home improvements in one go?
Hi all Seem to be hitting a brick wall with regards my attempt to repay my HTB loan with multiple lenders, due to affordability being lower by having other lines of credit. In summary; our house is worth circa £500k at the moment, with a Halifax mortgage of around £200k. Help to buy equity is around £100k (20%). We have a…
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Halifax mortgage - deal ending
Hi, I have a small mortgage with Halifax that ends at the end of July. Properties worth around 345,000 mortgage is 36,000 currently at 4.68% They have a tool in the app to switch but the best it’s offering me is 4.09% for a two year fix or 4.33% for a five-year fix. Online I can see there are often new customers lower than…
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Paying off debt and upsizing with mortgage.
I currently own a 3 bed semi property with around £200k in equity. I’m looking to upsize due to my 4 children growing fast and needing their own bedrooms, so looking at selling and upsizing. Here is where the potential issue arises, myself and my partner have combined debt of £36k, a mix of car loans, credit cards and…
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Nationwide - is there a way to see the effect of overpaying £x?
I'd like to be able to see the impact overpaying my mortgage by £x without having to sit 30mins in a phone queue to then say try this, try that, try the other. I can get in to my Mortgage Manager & I can see a few options on how I want overpayments to be handled (such as bring term down, leave payments the same etc).…
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Transfer of Equity with a mortgage in place - HELP PLEASE!
Hi, Hoping someone can help please :) I have instructed a solicitor to start the process of a transfer of equity on a property I have with my ex wife. This property is mortgaged (interest only). It was purchased in 2008 and we separated in 2010 when I subsequently moved out into rented accommodation. I have contributed…
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Remortgage held up by land registry - should we expedite now or later?
Hi all, Me and my wife got married in April, and soon afterwards did all the admin regarding her taking my surname - including putting in a request to the Land Registry to update her surname on the house title. Our current fixed rate mortage deal ends 31st Oct. We have begun the process of remortgaging and have just…
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Best re-mortgage product? What Mortgage Store have come back with.
This is my first rodeo on the forum, so bear with. My situation is pretty straight forward. I am looking at a 2 year fix and have been advised to stay with Nationwide. The product that I am being advised on: Interest Rate: 3.84% Product Fee: £999. Monthly Payment: £841.19 (if paying product fee upfront) or £846.35 (if…
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Scary read with precise mortgages!
We’ve gone with haysto due to my colourful credit history - they’ve been amazing and put us with precise. accepted DIP and went to application. We then read how they are…. Application went in Tuesday, valuation booked in for 3/6 of the property we’re buying and today already heard back with extra questions. mainly over my…
